To coincide with the 53rd National Day’s celebrations, Ominvest Group organizes a football tournament for the public sector

Muscat, October 2023 – To coincide with the 53rd National Day’s celebrations, and as a part of its believe in the importance of sport in the community development, economic growth, and in maintaining health and fitness, Oman International Development and Investment Company (Ominvest), will organize a football tournament for the public sector, during the period of 5th -15th November 2023, under the title of (Ominvest football tournament).

A number of ministries and government entities , will take part in Ominvest football tournament , which embodies the company’s efforts in the sustainability and social responsibility, as well as it highlights the contribution of Ominvest Group to enhance the cooperation and interaction between the employees of government entities and private sector companies in transforming business to enrich societies.

In a press statement , Waleed Al Yarubi Chief Risk, Strategy and Governance Officer, said : “The interest in sports and physical activities is considered an essential base for the development of societies and enhancing the performance of workers in various units of the state’s administrative apparatus and the private sector companies as well “.

The Ominvest Football Championship reflects the group’s vision for developing societies and improving their performance, while the tournament contributes to enhance communication between its participants from various government entities, as it comes in line with the values of the Ominvest Group in strengthening the culture of joint work and cooperation between the public sector and private sector for the advancement of society. Waleed Al Yarubi added.

A number of ten teams will participate in the tournament, divided into two groups, which are: Muscat Group and Sohar Group.

Muscat Group includes, the Environment Authority team , Ministry of Endowments and Religious Affairs team, Khawla Hospital, Muscat Municipality, and the team of Public Authority for Special Economic Zones and Free Zones.

Sohar Group includes Al Nahda Hospital team, Ministry of Energy and Minerals team, the Cardiac Medicine and Surgery Center, the Public Establishment for Industrial Estates “Madayn”, and the Ministry of Heritage and Tourism team.

The tournament will be held on base of group system, where the first and second of each group will qualify for the final match, which will be held on November 15th.

Ominvest is one of the largest listed investment companies in the region. Founded in 1983, it has been consistently profitable and has an enviable track record of uninterrupted dividend payments to shareholders.

Ominvest owns high-quality durable assets in diversified sectors, producing healthy cash flows. As of 2022 year end, the company’s total assets stood at OMR 1.29 billion covering diverse sectors, including Banking, Insurance, Finance and Leasing, Financial Investments, Private Equity and Investment Banking. The company’s assets cover diversified geographies including the GCC and Asia in addition to significant investments in global capital markets. The company is led by a progressive board and a capable management team – dedicated to enhancing value for all stakeholders.